Shares of AMC Networks (AMCX+0.1%) trade flat after Dish Networks (DISH+2.9%) calls its bluff and says it will drop three of its channels from its lineup of programming tonight. On the other side of the coin, Dish is airing its own commercial-free programming on the trio of networks and will take a bit of a revenue hit as it gambles that it will gain it all back and more if it secures a lower fee structure from AMC in the future.

Is Dish now going to remove Discovery Channel too? Discovery Channel has sold content to Amazon and Netflix. I doubt that this is the real reason why Dish is cutting AMC. But this just confirms why I don't own a TV or use services like Dish. Cable/satellite companies have no clue how to create products for subscribers.

That's why everyone is gravitating towards streaming content. It's quite ironic, I just read a survey of the 15 most hated companies in the US and 6 of the top ten were all the major cable/satellite companies.

Anyways, the only leverage cable has is that they can still generate revenue from streaming capacity demand. How does Dish fit into the streaming capacity model, once the longer term shift form cable/satellite services change to streaming? Basically if a cable/satellite company doesn't own content, it seems the only recourse is to have monthly subscriptions for Internet service (streaming capacity). Does a satellite business have any economic value for streaming capacity demand as its only source for revenue?